Russia on Friday highlighted its deepening energy partnership with India, saying that Moscow can ramp up energy supplies to the Indian market amid the ongoing energy crisis triggered by Middle East war. During his visit to India, Russia’s first deputy chairman Denis Manturov said that Moscow’s companies are capable to enhance supplies of oil and…
MUMBAI: The rupee recorded its strongest recovery in 13 years, rising 173 paise to close at 93.1 from Tuesday’s 94.83, after RBI tightened rules to curb speculative bets and forced a sharp unwinding of dollar positions.However, with a fresh round of US bombing in Iran post market hours, which resulted in global oil prices surging…
MUMBAI: Staging a spirited recovery, stock markets pared early losses to close higher on Thursday, sensex rising by 185 points and Nifty settling above 22,700 on strong value buying in IT and banking shares and a sharp rebound in the rupee.Rebounding more than 2,000 points from the day’s low, sensex finally settled higher by 185…
Cash payments at toll plazas across national highways will be discontinued from April 10, according to a government notification, marking a shift towards a fully digital tolling system. The move follows an earlier proposal by the government to phase out cash transactions at all National Highway fee plazas. The transition has been planned to build…
A year after US President Donald Trump’s “Liberation Day” tariffs shook global markets, Washington is back with another round, this time targeting drug and metal imports. The earlier tariffs, announced on April 2 last year, had sent ripples across major financial markets as investors assessed their impact. Now, the US has unveiled fresh measures on…
NEW DELHI: Tata Sons chairman N Chandrasekaran has asked over 30 CEOs and managing directors of group companies to brace for a tougher business environment, as the war in West Asia is disrupting supply chains, sources said.At a review meeting on the war’s implications on Thursday, Chandrasekaran told top executives that more than 10,000 Tata…
Bank holidays can be quiet confusing sometimes as they differ from state to state in the country, depending on the occassions and local festivals. Since holidays are determined by a mix of national events and regional festivals, there is no single calendar followed uniformly by bank branches across the country. As April has just began,…
A year after the Liberation Day tariffs, US President Donald Trump has rolled out another set of duties, this time targeting medicines and key metals. The move is aimed towards pushing companies to manufacture within the US. The new measures impose tariffs on steel, aluminium and copper, strengthening efforts to boost domestic production.The announcements come…
Centre has urged states and Union territories to step up efforts to counter rumours around LPG supply, warning that inadequate public communication is contributing to unnecessary concern and panic buying in some areas. In a letter addressed to chief secretaries, the ministry of petroleum and natural gas said that at present, only 17 states and…
With Dalal Street swinging between gains and losses, investors are wondering: will the stock market stay open on April 3 for Good Friday? As per the exchange’s official holiday calendar, the stock market will remain closed on April 3 for the occasion, offering market participants a short trading week.Keeping a track of stock market holidays…
